The year 2017 saw the birth of the GST or the Goods and Service Tax. Simply put, GST is a value-added tax which is levied on all those goods and services that is sold to consumers for domestic consumption. It is paid by a consumer during purchase to the businesses selling the goods and services and is remitted to the Government. However, the introduction of GST has quite a few advantages; it has some disadvantages as well. It has become a bit of an issue for taxpayers because of the high tax burden as well as the changed bill pattern. It is still a task for businesses to understand the format of such a bill.
However, there have been a lot of instances where either the businesses have unintentionally hiked up the GST prices or have taken advantage of the situation and charged excess tax. This thus leads to a fake GST bill which is not at par with the Government standards. There are a few ways in which you can determine if the bill given by the shopkeeper is genuine or not and if the GST charged is the right amount. Here are some of those ways: